426 NW 11TH ST Corvallis, OR $ 2,400,000
426 NW 11TH ST
$ 2,400,000
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426 NW 11TH ST

Corvallis, OR, 97330
$ 2,400,000
Bedrooms2 Baths1.0 Sq 7,200

Monthly Estimate*

$ 14,777

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Multi-Family Home for sale in Corvallis, OR

for $2,400,000 with 2 bedrooms and 1 full bath. This 7,200 square foot home was built in 1964 on a lot size of 0.25.

Located just blocks from Oregon State University and the heart of downtown Corvallis, this 12-unit apartment complex offers a proven multifamily investment in one of the region’s most stable rental markets. The walkable setting attracts a consistent mix of students, and long-term local tenants, drawn to proximity to campus, transit, dining, parks, and retail. The property features a uniform unit mix designed for efficient leasing and management, on-site parking, and low-maintenance construction.With its steady rent performance, and value add opportunity through rental increase and improvement of units, this property is well-suited for both exchange buyers and long-term portfolio investors seeking durable cash flow. Properties of this size and proximity to OSU rarely come available.

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Multi-Family Pending

Price

$ 2,400,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 15,313

Style

Lot Size

0.25

Year Built

1964

Town/City

Corvallis

County/Region

Benton

MLS | Web ID

292492781

Features
General
Sewer PublicSewer
Heating WallHeater
Cooling None
Roof Flat
Zoning RS-9
Garage Spaces 0
Year Built 1964
Stories Count 3
Tax Year 2025
Parcel Number 119812
Gross Income 186540.0
Community Features Laundry
County Benton
Net Operating Income 124031.0
Operating Expense 60911.0
Property Type MultiFamily
HOA N
Rent Includes Water
Status Pending
Directions NW Harrison Blvd. to 11th St.
High School Corvallis
City Corvallis
Disclosures Exempt
Number Of Units Total 12
MLS Area _220
Lot Size Square Feet 10890.0
Listing Terms Cash Conventional
Elementary School Garfield
Tax Annual Amount 15313.67
Middle/Junior High School Linus Pauling
Property Condition Approximately
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description LOT:3-4 BLOCK:2 HOFFMANS
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Interior
Basement Daylight
Storage IndividualStorageUnits
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit Type UnitTypeType1
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Exterior
Parking Features Open
Lot Features Level
Water Source PublicWater
Total Parking 12.0
Exterior Description T111Siding WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 7200.0
Lot Size Acres 0.25
Road Surface Type Gravel
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Internal Only
Street Number 1 426
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* Excluded Features
List By
Triple Oaks Realty Llc

Broker

541-556-5093

Contact

Affordability Calculator

$16,053
Per Month
92%
8%
0%
Monthly Principal & Interest
$14,777
Monthly Property Taxes
$1,276
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1950127 Elementary School
1949476 Middle School
Corvallis High School High School
Pricing History
DatePricePrice ChangeDescription
12/3/2025$2,400,000 Listed Price

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426 NW 11TH ST, Corvallis, OR, 97330 is a Multi-Family Home for sale at $2,400,000 with 7,200 sqft and a lot size of 0.25. 426 NW 11TH ST has 2 bedrooms, 1.0 baths, and was built in 1964. The property's zip code is 97330 which is in Corvallis, OR